MahaRERA cracks down on errant builders, freezes 1,950 projects’ bank accountsMahaRERA has frozen bank accounts of over 1,950 stalled or lapsed real estate projects to enforce accountability and protect homebuyers' in...
09 Jan, 2025, 06.44 PM IST
RERA is coming up short in giving relief to homebuyers. What ails the legislation?According to data from the Ministry of Housing and Urban Affairs, RERA authorities across states have disposed of 82,750 complaints since t...
31 Jan, 2022, 06.30 AM IST
SC upholds IBC amendments mandating minimum threshold for insolvency process against developersHomebuyers had argued that this was discriminatory and placed homebuyers at a disadvantage as they would have to herd a minimum number befo...
20 Jan, 2021, 07.57 AM IST
Karnataka RERA approached the state government to approve model sales agreementThe K-RERA that started functioning two years ago had faced delay in model sales agreement due to change in government and the absence of R...
16 Mar, 2020, 07.27 PM IST
Rera authorities may seek powers to attach projects of errant buildersReal estate regulators from across states have gathered in Lucknow and sources said they would push for amendments in the Real Estate Regul...
04 Nov, 2019, 10.44 AM IST
Homebuyer can approach both consumer panel and RERA: Delhi HCDelhi high court has held that homebuyers can approach both the National Consumer Disputes Redressal Commission and Rera against errant bui...
10 Sep, 2019, 11.17 AM IST
Builder to hand over Lower Parel flat after 12-year delay, pay 21 lakhThe commission refused an offer by the builder to refund Rs 64 lakh paid as booking amount, saying that problems faced by builder in comple...
20 Apr, 2019, 12.52 PM IST
Builders want land cost review to hike pricesRepresentatives of builders, homebuyers, bankers and Uttar Pradesh government participated in the meeting of the panel, which was set up by...
11 Jul, 2018, 11.05 AM IST
Just one homebuyer is all that is needed drag a rogue builder to bankruptcy courtUnder the Insolvency and Bankruptcy Code Amendment Ordinance, 2018, homebuyers will get due representation in the committee of creditors.
07 Jun, 2018, 01.55 PM IST
Interest on refunds from builders adds to tax burdenThose hoping to get I-T deductions on investments in a new house are now at a complete loss. If they don't get possession, these claims wil...
28 Sep, 2017, 11.38 AM IST
Post RERA, brokers may focus on rental market: SurveyAccording to the survey, nearly 84 per cent of the brokers opined that implementation of RERA will have increased benefits to the homebuyer...
03 Sep, 2017, 12.28 PM IST
Aggrieved home buyers yet to understand RERA benefitsUnder the central law, each state has to notify rules and set up a regulatory authority to manage the real estate sector. UP is yet to set ...
03 May, 2017, 04.31 PM IST
Homebuyers seek swift action against errant buildersIn a letter to Modi, homebuyers’ group has expressed fear that certain builders may be actively involved in money laundering and are stripp...
17 Apr, 2017, 12.36 AM IST
Maharashtra flat buyers can now file a police complaint against builders violating normsThe state police has directed police stations across Maharashtra to register complaints against errant builders who cheat flat buyers and v...
04 Jul, 2016, 11.30 AM IST
Local authorities in Gurgaon and Noida lend an ear to home buyers, crack down on errant buildersThe Greater Noida authority recently sent a notice to Noida-based builder Supertech for violation of sanction plans in a housing project in...
22 Apr, 2016, 10.38 AM IST
Angry home buyers use social media to fight against errant buildersBuyers are banding together to fight for their homes using all the means at their disposal, including staging unique protests at sites & go...
13 Jun, 2015, 11.26 AM IST
Errant road builders may have to pay fine to exit project"If there is any fault on the part of the concessionaire, then there will be a penalty of a maximum of one per cent, of the total project f...
14 Jul, 2013, 04.13 PM IST